N.Y. Debt. & Cred. Law § 190

Current through 2024 NY Law Chapter 456

Section 190 - Preference of debts owing by debtor as trustee

In making such distribution, the trustees shall first pay all debts that may be owing by the debtor as guardian, executor, administrator or trustee; and if there be not sufficient to pay all debts of the character above specified, then a distribution shall be made among them, in proportion to their amounts respectively.

N.Y. Debt. and Cred. Law § 190